[ad_1] Bill Gates and Jeff Bezos handed the running of their companies to skilled industry executives. The billionaire founders of the world’s top luxury groups are more clannish, so investors…
Tag: Luxury Goods
Luxury Brands See Early Signs of Recovery in China
[ad_1] Business Earnings Burberry and Cartier-owner Richemont sound positive note about key market, as China eases its Covid restrictions [ad_2] Source link
WSJ News Exclusive | Lacoste Owner Looks to Snap Up More Brands as Sales Surge
[ad_1] WSJ News Exclusive Business Swiss parent MF Brands sees a cash advantage as it shops for upmarket businesses [ad_2] Source link
LVMH Shuffles Leadership at Louis Vuitton, Dior
[ad_1] LVMH’s two largest brands have been on a tear recently, riding a postpandemic spending boom in luxury spending. [ad_2] Source link
China’s Reopening Comes in the Nick of Time for Luxury Stocks
[ad_1] Markets Heard on the Street A boom in spending on luxury goods by Americans and Europeans masked weak demand from Chinese shoppers last year. The trend could flip in…
European Luxury Shares Rise on Easing of Chinese Border Restrictions
[ad_1] Business Investors hope for increased spending on luxury goods in Europe from Chinese tourists, which has fallen sharply since the pandemic [ad_2] Source link
Americans Flock to Europe for Holiday Shopping Binge
[ad_1] U.S. tourists taking advantage of the strong dollar have helped brands such as Gucci and Louis Vuitton make up for the loss of big-spending Chinese tourists. [ad_2] Source link
Lamborghini Looks to the Past as It Plans an EV Future
[ad_1] Luxury car makers are looking for ways to build a bridge between the old world of traditional automotive luxury and the new electric future. [ad_2] Source link
Investors See Shift in Europe’s Fortunes
[ad_1] The region’s beaten-down stocks are seeing a recovery after a period of pessimism brought on by the invasion of Ukraine, a subsequent jump in energy prices and the highest…